India – Croatia Economic Cooperation

February 16, 2017

Agreement between the Government of India and Government of Croatia on Economic Cooperation was signed by Commerce and Industry Minister Nirmala Sitharaman and Ms. Martina Dalic, Deputy Prime Minister of Croatia in Zagreb, Croatia.

India and Croatia had earlier signed an Agreement on Trade and Economic Cooperation in September, 1994 with an aim to promote and develop bilateral trade and economic relations.

The present Agreement between India and Croatia would be a step in continuity as the last one expired in November, 2009.

India’s bilateral trade with the Republic of Croatia during 2013-14, 2014-15 and 2015-16 were US$ 148.86 million, US$ 205.04 million and US$ 148.44 million respectively.

The bilateral trade during the last three years has remained stable despite global slowdown.